Office Properties Income Trust Reaches Restructuring Support Agreement with Noteholders to Lower Debt and Enhance Financial Stability
Voluntary Chapter 11 Filing: Office Properties Income Trust (OPI) has initiated a voluntary Chapter 11 process to restructure its corporate debt, supported by a Restructuring Support Agreement with certain noteholders, aiming to improve its capital structure and reduce debt obligations.
New Financing Commitment: OPI has secured a commitment for $125 million in debtor-in-possession financing to support its operations during the restructuring process, ensuring business continuity and honoring agreements with tenants and vendors.
Management Continuity: The RMR Group will continue to manage OPI throughout the restructuring, with no expected disruptions to day-to-day operations, and a new management arrangement is planned for an initial term of five years.
Future Outlook: OPI's leadership expresses confidence that the restructuring will lead to a more stable and financially flexible company, positioning it to advance its strategic initiatives despite potential risks associated with the process.
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RMR Group Appoints Peter Welch as Senior VP of International Expansion
- International Expansion: RMR Group has appointed Peter Welch as Senior Vice President of International, focusing on expanding the company's international brand and relationships with global institutional capital partners, aiming to enhance its reputation and attract new capital sources.
- Capital Formation Strategy: Welch's role complements Mary Smendzuika's position as Head of Capital Formation, who primarily focuses on North American institutional partners, thereby enhancing RMR's competitiveness in the global capital markets.
- Extensive Industry Experience: Welch previously served as a Senior Advisor at Bain Capital Credit and was the CEO for Asia Pacific at Wells Fargo Securities, bringing valuable relationships with sovereign wealth funds, pension plans, and family offices, which are expected to create new investment opportunities for RMR.
- Asset Management Scale: RMR Group manages approximately $39 billion in assets with nearly 900 real estate professionals, and Welch's addition is anticipated to further drive the expansion of the company's global investor base and private capital assets under management.

Office Properties Income Trust (OPI) Announces 2025 Dividend Tax Characterization
- Dividend Overview: OPI announces a total dividend of $0.02 per share for 2025, which includes ordinary income and qualified dividends, reflecting the company's stable cash flow and shareholder return capacity.
- Tax Information Transparency: The dividend tax characterization provided by the company will assist shareholders in accurate tax reporting, ensuring compliance and enhancing investor confidence.
- Asset Management Background: Managed by RMR Group, which oversees approximately $39 billion in assets, indicating OPI's strong management capabilities and market position in commercial real estate.
- Property Portfolio Scale: OPI owns 122 properties across the U.S., with approximately 17.1 million rentable square feet, showcasing its extensive footprint and influence in the office property market.









